{"id":539565,"date":"2024-06-24T15:57:40","date_gmt":"2024-06-24T15:57:40","guid":{"rendered":"https:\/\/insidebitcoins.com\/?p=539565"},"modified":"2024-06-24T15:57:40","modified_gmt":"2024-06-24T15:57:40","slug":"dogwifhat-price-prediction-as-wif-plunges-13-amid-a-flash-crypto-crash-traders-rush-to-buy-this-solana-rival-amid-a-fomo-frenzy-as-time-runs-out","status":"publish","type":"post","link":"https:\/\/insidebitcoins.com\/news\/dogwifhat-price-prediction-as-wif-plunges-13-amid-a-flash-crypto-crash-traders-rush-to-buy-this-solana-rival-amid-a-fomo-frenzy-as-time-runs-out","title":{"rendered":"Dogwifhat Price Plunges 13% Amid A Flash Crypto Crash As Traders Rush To Buy This Solana Rival Amid A FOMO Frenzy With Only Hours Left"},"content":{"rendered":"

The Dogwifhat price plunged 13% in the last 24 hours <\/span>to trade at $1.55<\/span><\/a> as of 03:43 a.m. EST on trading volume that rose 81% to $564 million.<\/span><\/p>\n

This comes amid a flash crypto crash, with the crypto market’s market capitalization slumping 4% in the last 24 hours to a $2.3 trillion. <\/span>BTC, ETH, and SOL are down 4%, 5%, and 5%, respectively.<\/span><\/p>\n

Dogwifhat Price On A Bearish Trend – Could The Bulls Manage A Bullish Trend Reversal?<\/span><\/h2>\n
\"Dogwifhat
WIFUSD Chart Analysis Source: GeckoTerminal.com<\/figcaption><\/figure>\n

The Dogwifhat price has negated all the bullish sentiments, with the token falling from the $3.5 resistance zone to entering a falling wedge pattern, according to data from <\/span>GeckoTerminal<\/span><\/a>.<\/span><\/p>\n

WIF currently trades below both the 50-day and 200-day Simple Moving Averages (SMAs), confirming the sustained bearish trend.<\/span><\/p>\n

Moreover, the Relative Strength Index (RSI) trades down below the 30-oversold level, which shows that sellers have an upper hand, as the RSI trades at 26.<\/span><\/p>\n

If the bears sustain this trend, the price of Dogwifhat analysis shows that the bears may push the token further to the next support zone around $1.44.<\/span><\/p>\n

However, with the token being oversold, the bulls may take advantage of this to stage a buyback campaign, which could drive the token above the wedge, as they target $3.5.<\/span><\/p>\n

Meanwhile, investors are rushing to buy new Solana meme coin <\/span>Sealana (SEAL)<\/span><\/a> before its presale ends tomorrow, June 25, at 6 p.m. UTC.<\/span><\/p>\n

\n

#Sealana<\/a> has got some big news for y'all today! 🦭🍻 After a long night of drinking, doin' American $SEAL<\/a> things 🇺🇸 and blacking out! 😵 He woke up with some real mental clarity and made the call that the #Presale<\/a>'s gonna end on June 25th at 6 pm UTC! ⏰<\/p>\n

You know what that… pic.twitter.com\/va7W8abVjb<\/a><\/p>\n

— Sealana (@Sealana_Token) June 6, 2024<\/a><\/p><\/blockquote>\n